The major drivers of this market include increasing adoption of cloud-based deployments for revenue management systems across organizations, growing customer awareness and increasing subscription base, and increasing demand for system integration across enterprises. Also, increasing demand for revenue data across organizations and upgradation of legacy systems provides huge opportunities for revenue management solution vendors, service providers, platform providers, and consulting companies.

Pricing and revenue forecast management and data management solutions segments are expected to be the most promising segments during the forecast period

The revenue management market has been segmented into solutions, services, applications, deployment type, and end users. Pricing and revenue forecast management and data management solution segments are projected to grow at a high growth rate; hence, will present good market opportunities during the forecast period. Professional services hold a major share in the revenue management services segment. The increasing integration of revenue management technologies with different industries is considered as the primary driver influencing the growth of the revenue management services market.

Presently, North America contributes the maximum market share

North America is expected to hold the largest market share and dominate the revenue management market from 2015 to 2020, as the adoption rate for cloud-based revenue management platforms and solutions across enterprises is expected to be much higher in this region. Asia-Pacific (APAC) and Middle East & Africa (MEA) offer potential growth opportunities due to the developing large-scale infrastructure, increasing ICT expenditure, and presence of major cloud and data center technology companies in the regions.

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